Subject: Certified copy of Hon'ble NCLT Order approving the Scheme of amalgamation of Pranavaditya Spinning Mills Limited ("Transferor Company" / "Subsidiary Company") with Indo Count Industries Limited ("Transferee Company" / "the Company")
Dear Sir/Madam,
In continuation to our intimation dated October 3, 2022, we wish to inform the exchange that a certified copy of the order passed by the Hon'ble National Company Law Tribunal ('NCLT'), Mumbai Bench on3rd October, 2022 approving the scheme of amalgamation (by way of merger by absorption) of Pranavaditya Spinning Mills Limited, Subsidiary Company with the Company under Sections 230-232of the Companies Act, 2013 has been received by the Company today i.e. October 7, 2022 and the same is enclosed. The certified copy of the order has been uploaded on the Company's website.
Kindly take the above on record.
Thanking you,
Yours faithfully,
For Indo Count Industries Limited
Amruta Avasare
Company Secretary & Compliance Officer
Membership No.: ACS 18844
Encl.: A/a
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Indo Count Industries Ltd. published this content on 07 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2022 14:51:01 UTC.
Indo Count Industries Limited is an India-based home textile bed linen company. The Company is engaged in the manufacturing and exporting of bedsheets, bed linen, and quilts. Its products include bedsheets, fashion bedding, utility bedding, institutional bedding and bedding. The Company maintains an omnichannel presence for its branded portfolio (owned and licensed). Its brands include Wamsutta, Pure Earth, Boutique Living, Heirlooms of India, The Pure Collection, Atlas, Linen Closet and Simply Put. Its Pure Earth bedding uses only plant-based dyes made from fully traceable agricultural resources. Under the Boutique Living range, it offers bedsheet sets, comforters, bedding combos, towels, dohars and many more. Wamsutta is a home fashion brand which offers luxurious beds, bath and other home fashion products. Heirlooms of India brand includes a collection which is based on Indian hand block print motifs. It has manufacturing plants in Kolhapur, Maharashtra and Bhilad, Gujarat.